Analysis of Styrene Market on September 23

Today, the production price of styrene in Shandong was 9240.00 yuan / ton, stable.

EDTA

Today, the Styrene Market in Shandong maintained a stable operation, crude oil rebounded and prices rose, the high level of pure benzene continued to fall, styrene cost support weakened, futures opened at a low price, inventories in the East China reservoir area increased slightly, domestic mainstream production enterprises are expected to make up falls and promote sales one after another, and the market supply is sufficient. The downstream demand is weak. Although there are expectations for delivery at the end of the month and goods preparation on the national day, the performance within the day is insufficient. The market does not buy or fall, and the wait-and-see atmosphere is heavy. Today, the price of styrene in East China is around 9250-9300 yuan / ton. The price in Northeast China is about 9150 yuan / ton, and the price in South China is reduced to about 9000-9050 yuan / ton.

In the short term, styrene is still expected to rebound after falling continuously.

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